BPC Inks China Deal at $247/mt CFR

Belarusian Potash Co. has reached agreement with a group of Chinese buyers, including Sinochem, CNAMPGC and CNOOC, Bloomberg reported, citing the company’s website. The price was reported to be $247/mt CFR, up from the year-ago $220/mt CFR to China. It is the same price BPC inked with India a few weeks ago. The price settled for 2021 will supply product through Dec. 31, 2021.